VICE: The Federal Supervisory Fiscal Board: A Vertical Integrated Criminal Enterprise:


“Not everything that shines is gold”– anonymous!


By Franklin D. López, former United Press International and the Associated Press News writer


The local press will not dare to publish and provide access to these reports because they are simply part of the colonial regime and corruption scheme. But the general public has the right to access this information. What you will find and read is absolute and transparent information and extensive investigations,  of the corrupt dealing of the Federal Supervisory Fiscal Board in the territory of Puerto Rico appointed by the President of the United State and the United State Congress.  Conflict of interest and corrupt transactions are the order of their daily operation. They appointed “a person of interest” of Federal law enforcement, the Director of government infrastructure of the Federal Supervisory Fiscal Board, Mr. Alejandro Figueroa. Mr. Figueroa resign a Secretary of Public Policy in the Luis Fortuño administration for allegedly intervening in the process assigning  the Arecibo Health Reform region to a member of his family!


Here are a list of sources of the questionable integrity of the Federal Supervisory Fiscal Board:


* An Indictment of Federal Corruption:…deral-corruption/

Hedge Paper No. 73 – The New Oversight Lords

17 Mar 2021

Download Spanish PDF Download English PDF The New Oversight Lords Four and a half years after the enactment of PROMESA, the struggle continues in Puerto Rico against the oversight board and the vulture funds. The PROMESA era has been a difficult time that has seen several cataclysms: the destruction brought by hurricanes Irma and María, the earthquake and its aftershocks, and the global COVID-19 pandemic…. Read More

Pain and Profit: COVID-19 Profiteers in Puerto Rico

30 Jul 2020

Spanish PDF By Abner Dennis For many years, the pharmaceutical industry has extracted enormous amounts of wealth from Puerto Rico. The companies have secured lucrative tax breaks from local government officials interested in attracting their operations to the island, and as a result pharmaceutical products account for a large share of Puerto Rico’s exports…. Read More


8 Oct 2018

Solus Alternative Asset Management & Angelo Gordon PDF of HedgePaper No. 63 (English)Download PDF of HedgePaper No. 63 (Spanish)Download Introduction The hedge funds that forced Toys R Us to shut down and threw tens of thousands of workers out of their jobs have played a similarly destructive role in Puerto Rico, speculating on government-issued debt and using aggressive tactics to pursue massive profits at the direct expense of Puerto Ricans…. Read More


21 Aug 2018

HedgePapers No. 61: THE GOLDEN REVOLVING DOOR: How A Planned Debt Restructuring Agreement Benefits The Bankers — and Could Block Puerto Rico From Holding Them Legally Accountable Spanish version of the report. Executive Summary An agreement nearing approval as part of Puerto Rico’s debt restructuring process could block many forms of legal accountability for a key set of government officials and bankers that oversaw the creation of the debt – and stick credit unions and municipalities with the tab…. Read More

Report No. 58: Pain and Profit After Maria

22 May 2018

Pain and Profit After Maria Companies Taking Puerto Rico by $torm Five months after Hurricane Maria, and amid a continuing austerity crisis, conditions in Puerto Rico remain dire. More than 1,000 people died from the hurricane, although the official estimate is only 64. The government of Puerto Rico estimates that another 200,000 people (about 5 percent of the population) could leave the island by the end of 2018, adding to the massive wave of out-migration over the past decade.[1]… Read More

REPORT NO. 54 Hurricane Harvard and the Damage Done to Puerto Rico: How the University’s Endowment Investment Harms the Island

23 Jan 2018

Introduction Four months after Hurricane Maria, nearly half of Puerto Rico is still without electricity. The poverty rate is 46 percent, and even more – 58 percent – for children.[1] Over 80% of Puerto Rico’s agricultural crop value – around $780 million – was destroyed by the hurricane.[2] Its healthcare system, already facing austerity cuts, is in a state of crisis.[3]… Read Mor